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Do you agree that an effective CFO is responsible for both Financial Control and Treasury Management Functions ? Comment.

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Question added by Deleted user
Date Posted: 2014/08/12
Sara Khan
by Sara Khan , financial and admin assistant , Ministry Of Defence

yes of course

AFZAN WASIM
by AFZAN WASIM , STORE EXECUTIVE , AL ROSTAMANI TRADING COMPANY

Yes

VENKITARAMAN KRISHNA MOORTHY VRINDAVAN
by VENKITARAMAN KRISHNA MOORTHY VRINDAVAN , Project Execution Manager & Accounts Manager , ALI INTERNATIONAL TRADING EST.

CFO's main Function is Financial sanctions and there is element of Control in it but not to the fullest extent as that of a Chief Finance Controller

Deleted user
by Deleted user

I think that CFO is responsible for every thing in his company .

Deleted user
by Deleted user

yes

Anayatullah Tahir
by Anayatullah Tahir , Accounting Consultant , Various

In some companies the full role is given to CFO.

But in a large group of companies CFOconcentrates on what has already happened inside a company. They prepare financial statements and other reports based on past activity (of course based on accounting principles in place).

Treasurers focus outward adn interact with the bankders, shareholders and potential investors who provide capital, Also they manage investment securities portfolios.

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